Europe’s Top High-Speed Rail Technology “Eagle” Expresses Interest in Multi-Billion-Dollar Project in Vietnam
Vietnamese Prime Minister Pham Minh Chinh meets with Chairman of Siemens Group (Germany)
On the afternoon of February 26, at the Government Office, Prime Minister Pham Minh Chinh received Mr. Roland Busch, Chairman and CEO of Siemens Group (Federal Republic of Germany) who is visiting and working in Vietnam.
The Prime Minister proposed that Siemens study to participate in a number of urban railway construction packages in Vietnam, such as the Metro Line 2 project in Ho Chi Minh City; technology transfer, and railway industry development (such as metro tunneling).
Prime Minister Pham Minh Chinh with Siemens Chairman. Photo: VGP/Nhat Bac
Thank you Prime Minister Pham Minh Chinh for taking the time to meet with Siemens Chairman Roland Busch. Siemens is interested in high-speed rail projects in North-South and can provide solutions for locomotives, coaches, railway signaling systems, as well as technology transfer for coach manufacturing.
He said Siemens is actively cooperating and wants to continue to expand cooperation, investment, and business in areas and topics mentioned by the Prime Minister, such as high technology, digital transformation, green transformation, modern transportation systems, high speed…, including cooperation in human resource training, supporting Vietnamese enterprises to go global.
Relationship between Siemens and Vietnam
Siemens is a large German corporation with extensive experience and advanced solutions in the industrial, healthcare, transportation, and smart infrastructure sectors. The group has 320,000 employees and global revenue of 78 billion euros by 2023.
In Vietnam, Siemens established representative offices since 1993, with 3 branch representative offices in Hanoi, Da Nang, Ho Chi Minh City, and a manufacturing plant in Binh Duong.
Siemens cooperates with Vietnam in many fields, especially renewable energy and transportation. Siemens has participated in estimated 1 billion kWh of solar power projects contributing to the national electricity system every year; is a leading supplier of efficient power transmission solutions, has provided equipment and solutions for protection and automation for hundreds of 110 kV-220 kV substations and dozens of 550 kV substations in Vietnam; promote automation and digitization in Vietnam such as helping Saigon Newport maximize productivity, reduce ship release time….
In terms of transportation cooperation, Siemens has collaborated with Vietnam in projects such as modernization of Vinh railway signal information system, designing and supplying 16 diesel locomotive units for Vietnam Railway Corporation; lighting system project at Noi Bai Airport; automatic cargo handling system project at Tan Son Nhat Airport, Ho Chi Minh City urban railway project.
In the field of energy, the Ministry of Industry and Trade and Siemens signed an MOU on infrastructu...
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